When you make money, everything you say is right. When you have no money, even if you're reasonable, others will ignore you🔥
Many people want to come to the crypto world to make their first pot of gold, but many don't understand the trends in this space. Is it based on technology or news?
Technology is just a small part of it. For those doing swing trading, technology does play a role, which leads to some support levels, pin bars, Fibonacci, etc. News is the most direct influence because it doesn't require analyzing any technicals; you just need to trade the trend to make stable profits, which is the easiest way to make money.
However, Ethereum and BTC mainly depend on macro data, the US stock market, and the influence of the US dollar, including publicly traded companies and ETFs. Recently, publicly traded companies have been increasing their holdings in Ethereum. During this period, Ethereum has been the most aggressive and volatile, but you also need to be cautious during liquidation moments; if you're on a rollercoaster, you must ensure you won't get motion sickness!
